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View Full Version : IRDA lets companies offer credit insurance, but not for securing bank credit



IndiaInsurance
15th December 2010, 05:23 AM
Three months after it banned all forms of credit insurance, the regulator has allowed companies to provide limited trade credit protection. Credit insurance will, however, not be available for securing bank credit.

More... (http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/IRDA-lets-companies-offer-credit-insurance-but-not-for-securing-bank-credit/articleshow/7102744.cms)